Title
Public Hearing on the Preliminary Capital Facilities Plan and 2019-2024 Financial Plan
Recommended Action
Committee Recommendation:
The Finance Committee reviewed the Preliminary Capital Facilities Plan and 2019-2024 Financial Plan on September 6.
City Manager Recommendation:
Hold a public hearing on the Preliminary Capital Facilities Plan and 2019-2024 Financial Plan.
Report
Issue:
Whether to hold a public hearing on the Preliminary Capital Facilities Plan and 2019-2024 Financial Plan
Staff Contact:
Debbie Sullivan, Administrative Services Director, 360.753.8499
Presenter(s):
Debbie Sullivan, Administrative Services Director
Jennifer Priddy, Assistant Superintendent of Finance and Operations, Olympia School District
Background and Analysis:
The Capital Facilities Plan (CFP) is a Chapter in the City’s 20-year Comprehensive Plan adopted by Council in 2014. The CFP portion of the Plan is updated annually.
The CFP identifies which capital facilities are necessary to support development and/or growth. Most projects listed are directly related to the applicable master plan or functional plan, such as the Parks, Arts and Recreation Plan, the Storm and Surface Water Plan; and other similar plans. The CFP covers a 20-year time horizon; however, the Preliminary CFP, 2019-2024 Financial Plan is a six-year financial plan which is required by the Growth Management Act to specifically identify projects, estimated costs, and the funding sources and strategies to implement the plan.
Some of the highlights of the updated CFP, 2019-2024 Financial Plan include:
• Designing an Athletic Field Community Park
• Funding Off-Leash Dog Areas and Trails
• Funding a Sprayground at Lions Park
• Designing Transportation Improvements on Franklin & Legion Way
• Constructing a Bike Lane at Division Street & 28th Avenue
• Constructing Flood Mitigation
• Implementing Habitat Improvement and Stewardship Projects
• Designing the Replacement of a Water Main on Fones Rd.
The Planning Commission received a briefing on the CFP and a copy of the Olympia School District’s draft 2019-2024 CFP on August 8. On September 17, the Planning Commission held a public hearing.
The City’s Preliminary CFP and 2019-2024 Financial Plan also went to the Bicycle Pedestrian and Advisory Committee (BPAC); Parks & Recreation Advisory Committee (PRAC); and the Utility Advisory Committee (UAC) for review and comment. The Planning Commission, BPAC, and PRAC prepared comments for Council’s consideration and their letters are attached. The Utility Advisory Committee held a meeting in early October. A letter from the UAC to City Council supporting the CFP is forthcoming.
Neighborhood/Community Interests (if known):
The Capital Facilities Plan addresses the provisions of essential City services and is of broad community interest. It addresses a wide variety of issues that cover the City of Olympia in its entirety, including: Parks, Arts, and Recreation projects; Transportation projects; General Capital Facilities Projects; Drinking Water projects; Wastewater projects; Storm and Surface Water projects; and it incorporates projects from other service providers such as the Olympia School District. City staff works closely with the Bicycle, Pedestrian Advisory Committee; the Parks & Recreation Advisory Committee, and the Utility Advisory Committee to identify and prioritize projects in the CFP.
Options:
1. Hold the public hearing. The Council may close the public hearing tonight and continue to take written testimony until October 30, 2018, at 5:00 p.m.
2. Do not hold a public hearing. Staff will reschedule at a later date.
Financial Impact:
The six-year financial plan outlines investments totaling over $148 million, a slight increase over the current plan. Projects proposed to be funded in 2019 total $20,001,964 and include parks, transportation, general capital facilities, drinking water, wastewater, and stormwater improvements.
Attachments:
Planning Commission Letter
Bicycle Pedestrian Advisory Committee Letter
Parks and Recreation Advisory Committee Letter
Hyperlink to Preliminary CFP and 2019-2024 Financial Plan
Olympia School District CFP - 2019-2024 Draft
Olympia School District 2019 Proposed Impact Fees